Keefe, Bruyette & Woods Initiates Coverage on CBTX (CBTX)
Shares of CBTX (NASDAQ CBTX) opened at $28.76 on Monday. CBTX has a one year low of $27.20 and a one year high of $29.84. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.02.
In other news, EVP Tracy Oneil purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average price of $26.00 per share, with a total value of $52,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman J Pat Parsons purchased 1,387 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was purchased at an average cost of $26.00 per share, with a total value of $36,062.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 9,887 shares of company stock valued at $257,062.
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CBTX Company Profile
CBTX, Inc, formerly CBFH, Inc, is a bank holding company. Through its subsidiary, CommunityBank of Texas N.A., in Houston and Beaumont, Texas, the Bank is focused on providing commercial banking solutions to local small and mid-sized businesses and professionals in its markets. The Bank operates 18 branches located in the Houston market and its Beaumont market presence includes 16 branches.
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